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that is a massive bubble that threatens our entire economy. how do the candidates handle this tomorrow night? let's ask chris stirewalt our fox news digital politics editor and host of power play on foxnews.com live, and stewart varney is the host of varney & company on the fox business network. thank you so much for being here. chris i want to start with you. what can either candidate say to grab, you know, america by the lapel and make them understand what each one of them wants to do to change our financial dire straits? >> it's a heck after lot easier for mitt romney on this one since he is the outsider and hasn't been in office and wasn't part of make thag debt and president obama has over seen in fact the unprecedented increase in size of the federal debt, and as a matter of fact in talking to senior people from romney land that is exactly what mitt romney means to do when he gets on that debate stage in denver, is go off the president not just on what romney says are ineffectual policies like the president's healthcare law and stimulus
that is a massive bubble that threatens our entire economy. how do the candidates handle this tomorrow night? let's ask chris stirewalt our fox news digital politics editor and host of power play on foxnews.com live, and stewart varney is the host of varney & company on the fox business network. thank you so much for being here. chris i want to start with you. what can either candidate say to grab, you know, america by the lapel and make them understand what each one of them wants to do to...
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Sep 29, 2012
09/12
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we're very dependent on their economy and they're dependent on our economy. mitt romney has invested in china, has family trusts invested in china. both sides have done this here. if you want to call it hypocrisy, call it hypocrisy, but nobody is clean here. >> david: by the way, steve, it's not just china, $2.8 billion in department of energy money went to a spanish firm that did solar stuff. this is not just china. we're outsourcing a lot of money overseas. >> two points, david. romney, what he does it's vol temporary. when the government does, it's taking our resources and playing politics with it. it's about trade barrier, stealing our intellectual property rights, what both candidates should be focused on, not this thing about who invests more in china. >> david: if it's private money, may it go where it will. private investors are free to do with their money, but not my money, not my tax dollars. >> i hav no allergic relax to governor romney investing in china, if that's what he wants to do. the issue is he makes these investments, goes out on the campa
we're very dependent on their economy and they're dependent on our economy. mitt romney has invested in china, has family trusts invested in china. both sides have done this here. if you want to call it hypocrisy, call it hypocrisy, but nobody is clean here. >> david: by the way, steve, it's not just china, $2.8 billion in department of energy money went to a spanish firm that did solar stuff. this is not just china. we're outsourcing a lot of money overseas. >> two points, david....
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Sep 26, 2012
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economy facing so-called fiscal cliff. that translates to some 600 billion in tax hikes and government spending cuts. due to take effect in the next year. >> i want to grow and invest in the community. i am holding things back because of the uncertainty. >> survey of the national association of neverrers and the independent business revealed 55% say federal regulation, tax, government spending and the cost of health insurance have hurt the economy and their businesses. >> small businesses are on the sidelines. not inclined to invest now until they see what is going to happen between now and the end of the year. >> experts say it's about risk and reward. business owners won't gamble their money when they don't know what the government might impose. >> if we don't maintain the current tax rate, what this means is we'll have to pull back. because it hurts our budget. that means start hiring. >> speaker boehner noted that the house passed a bill for sequestration and would like to extend tax cut for a year to allow time to wor
economy facing so-called fiscal cliff. that translates to some 600 billion in tax hikes and government spending cuts. due to take effect in the next year. >> i want to grow and invest in the community. i am holding things back because of the uncertainty. >> survey of the national association of neverrers and the independent business revealed 55% say federal regulation, tax, government spending and the cost of health insurance have hurt the economy and their businesses. >>...
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Oct 2, 2012
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how is the economy doing? >> nancy collins out with her dog buttercup says ideally she wants a candidate who shares her family values but says economic issues trump everything else. >> i don't like where we are right now and i don't agree the policies considering them happening here. but we came out of the worst economy. in how many years? i don't know if anybody could have fixed it. >> bret: are you driven to vote one way? have you decided yet? >> i decided. >> bret: can i ask you? >> sure. i am definitely going to vote for romney. the change will be good. >> economy at the top of my list. if that is strong, even is strong. >> helen rice, owns an artisan market in littleton. she is anxious to see how president obama talks about the country's economic future over the next four years. >> i feel as a business owner the economy is still kind of shaky. it wouldn't take a lot to make that real unstable. but i feel like we made progress in the last four years. >> what factors in for her? >> i care about the middle c
how is the economy doing? >> nancy collins out with her dog buttercup says ideally she wants a candidate who shares her family values but says economic issues trump everything else. >> i don't like where we are right now and i don't agree the policies considering them happening here. but we came out of the worst economy. in how many years? i don't know if anybody could have fixed it. >> bret: are you driven to vote one way? have you decided yet? >> i decided. >>...
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Sep 30, 2012
09/12
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust goes a long way. duracell with duralock. trusted everywhere. droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like the droid razr. the economy needs manufacturing. mhines, tools, people makin
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10...
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Sep 27, 2012
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economy faces the fiscal cliff. that is in tax hikes and government spending cut to do you to take affect in the new year. >> i want to grow and invest in the community and holding things back just because of the uncertainty. >> a survey by the manufacturers and independent business revealed 55 percent say federal regulations and taxes and government spending and cost of health insurance hurt the economy and their businesses and 2-thirds say there is too much uncertainty. >> small businesses are on the sidelines and clearly not inclined to invest now at least until they see what will happen between now and the end of the year. >> experts say it is risk and reward and business owners will not gamble their money when they have no idea what the government might impose. >> if we don't maintain the current tax rate or reform, they will have to pull back. it hurts their budget that means they stop hiring. >> peeker john boehner noticed they passed a bill for sequestration and allow time to work on comprehensive tax reform
economy faces the fiscal cliff. that is in tax hikes and government spending cut to do you to take affect in the new year. >> i want to grow and invest in the community and holding things back just because of the uncertainty. >> a survey by the manufacturers and independent business revealed 55 percent say federal regulations and taxes and government spending and cost of health insurance hurt the economy and their businesses and 2-thirds say there is too much uncertainty. >>...
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Sep 29, 2012
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and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost
and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went...
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Sep 29, 2012
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you fod a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming b
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that...
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Sep 29, 2012
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology...
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Sep 26, 2012
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and they realize that this economy is stalled. they also realize that some major changes have got to be made in washington, d.c one of the reasons we're focusing in on the youth vote and college students is because if you look at that 20% of the voters that are going to be the swing vote to determine this election, young people are going to play a major role. so this is why we decided to focus in on the college student as part of our truth tour. >> steve: the great thing about your quiz is that it depicts exactly how bad things are for kids this college. unfortunately, while they may say, okay, maybe i shouldn't vote for mr. obama, then they got these liberal professors who say you've got to vote for him one more time. real quick? >> yeah. but these kids are a lot smarter than some of those liberal professors. they are not listening to them. our audiences have been getting bigger and bigger, the more we've gotten into this tour, which is encouraging. that's been very encouraging on the campuses we have been visiting. >> brian: hav
and they realize that this economy is stalled. they also realize that some major changes have got to be made in washington, d.c one of the reasons we're focusing in on the youth vote and college students is because if you look at that 20% of the voters that are going to be the swing vote to determine this election, young people are going to play a major role. so this is why we decided to focus in on the college student as part of our truth tour. >> steve: the great thing about your quiz...
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the economy should be exhibit one or 1-ia, but it includes the indictment like we saw in that ad. >> it's not yet a 30-second ad in a battleground state. if it becomes an ad in a battleground state, like ohio or colorado, one. those, it may very well be an effective pitch in the last five weeks, because it's chipping away at the president's chief argument that he's restored america's credibility around the world, he's become a reputable leadership wheleader when it con policy. if you look at explanations and statements given about this, they've been inconsistent. >> greta: byron, you said no conservative believed it from the beginning. i don't know any liberal from the very beginning. i mean, seriously. i don't know who bought that whole business about the youtube thing, except it was the line coming out of the white house. >> well, yeah. it didn't make sense. when susan rice, the ambassador of the united nations, said it over and over on the sunday shows, that was a major problem. so this is -- conservatives have been unhappy with the romney campaign for not making more of this. you
the economy should be exhibit one or 1-ia, but it includes the indictment like we saw in that ad. >> it's not yet a 30-second ad in a battleground state. if it becomes an ad in a battleground state, like ohio or colorado, one. those, it may very well be an effective pitch in the last five weeks, because it's chipping away at the president's chief argument that he's restored america's credibility around the world, he's become a reputable leadership wheleader when it con policy. if you look...
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Oct 3, 2012
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take a listen to bill clinton. >> the economy is not fixed. i'm telling you nobody could have fixed this much damage in four years. but the president's economic plan is better in the short run, better in the long run and a vision of we're all in this together is a heck of a lot better than you're on your own. there is no you're on your own country in the world succeeding like those who have a good we're all in this together strategy. [cheers and applause] none, not one. the challenge for the president tonight though is back in early 2009 he said if he didn't turn around the economy for n. three years it would be a one-term proposition. that's the problem when you are incouple again you have got a record that's going to it be under microscope not just from the moderator but mitt romney as well, shep. >> shepard: it seems he has a strategy of his own for going after mitt romney. >> when you talk about the president's advisors he says this is all policy. the president could be on the defensive talking about jobs, talking about debt. what they are
take a listen to bill clinton. >> the economy is not fixed. i'm telling you nobody could have fixed this much damage in four years. but the president's economic plan is better in the short run, better in the long run and a vision of we're all in this together is a heck of a lot better than you're on your own. there is no you're on your own country in the world succeeding like those who have a good we're all in this together strategy. [cheers and applause] none, not one. the challenge for...
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Sep 28, 2012
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federal express, intel, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other barometers that point in a variety different ways so this is one of them. it doesn't necessarily mean anything. i am wondering if what this is saying for president obama is that people are going to look at their financial statements, if they are lucky enough to have accounts and they are up, or they will look at their home values if they are lucky enough to have a home going up in value and they feel, on paper, some of this wealth affect we hear about. you dismiss that? >>guest: well, it is a good point that perhaps what this is telling us is that bernanke at the federal reserve is throwing the kitchen sink at this
federal express, intel, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other...
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Sep 26, 2012
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here at home, the american economy is in shambling. obamanomics turned it to food stamp obama nation. war on jobs is crushing the middle class. as american cities declare bankruptcy for the first time ever. so, go ahead with "the view." go ahead with "letterman show." the clooney dinners. i understand you're eye candy. i understand you have your priorities. unfortunately, your priorities don't line up with ours. >> bob: that was very depressing. >> eric: it is depressing. >> bob: okay. >> eric: it is depressing. the man has time for the view and letterman but can't meet with netanyahu or tackle the major issues going on in america: jobs. >> bob: i would venture to say most presidents up for re-election, general assembly of the u.n. in september of election year don't have a lot of bilateral meetings -- >> dana: if you're going to say that, why don't you check it out first. we have polls who do things like that all day. >> bob: i checked in with -- >> dana: so you can say -- >> eric: we checked with the people in the brain room and they
here at home, the american economy is in shambling. obamanomics turned it to food stamp obama nation. war on jobs is crushing the middle class. as american cities declare bankruptcy for the first time ever. so, go ahead with "the view." go ahead with "letterman show." the clooney dinners. i understand you're eye candy. i understand you have your priorities. unfortunately, your priorities don't line up with ours. >> bob: that was very depressing. >> eric: it is...
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Oct 1, 2012
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i know about the ugly stagnant economy. what is mitt romney and paul ryan offering? that's what we'll get out of wednesday. >> gretchen: the denver debate will focus on domestic policy. >>> the search for a houston mom ending in tragedy. police found her body in odessa, texas, more than 500 miles away from her apartment. her ex-boyfriend reportedly led authorities to her remains and is under investigation. no murder charges have been filed yet. she was last seen september 22, the same night her boyfriend took their three-year-old son more than eight hours away to be with relatives. after he within miss, he told cops she had stormed out after an argument. >>> he definitely isn't haley joel oz ment in "the sixth sense." >> i see dead people. >> gretchen: a somali terror suspect asking to be transferred out of jail because he claims he sees ghost. his request quickly injected by a judge. he's accused of recuting and happening finance trysts abroad. he might be saying ghost for some of the alleged activity. >> steve: now the do
i know about the ugly stagnant economy. what is mitt romney and paul ryan offering? that's what we'll get out of wednesday. >> gretchen: the denver debate will focus on domestic policy. >>> the search for a houston mom ending in tragedy. police found her body in odessa, texas, more than 500 miles away from her apartment. her ex-boyfriend reportedly led authorities to her remains and is under investigation. no murder charges have been filed yet. she was last seen september 22, the...
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Sep 30, 2012
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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. we can stick with failed policies for the next four years or brighter future. dependency versus opportunity versus upper mobility. >> heather: let's bring alex us any gill johnson and nancy, president of media speak strategies and former senior advisor spokesperson to john mccain. thank you for joug us. nancy i want to begin with you. for six months they said this campaign is a referendum on president obama's record. now you heard paul ryan saying in his interview with chris that it's about choice. do you see this as a shift in strategy for the romney campaign and if so, is that why? >> i think it's right and proper for both candidates to offer americans a clear vision of their path for the country. i think it's a natural evidence luilgs. any time an incumbent president running against a challenger there is component of that that is referendum, but now is the time where we've got a matter of weeks when people have to cast their votes. now is the time for each
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. we can stick with failed policies for the next four years or brighter future. dependency versus opportunity versus upper mobility. >> heather: let's bring alex us any gill johnson and nancy, president of media speak strategies and former senior advisor spokesperson to john mccain. thank you for joug us. nancy i want to begin with you. for six months they said...
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Oct 2, 2012
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back, and the united states gets our economy back again. as i said earlier, just alone, if you build the infrastructure, it's directly related to our gdp. if we spend 2% of our gdp on infrastructure, it's directly related. it's short-sighted for us not to spend money on infrastructure. sadly the last money meant to be recovery, only $150 billion went to infrastructure, the rest was sprinkled all around. it's very tough. both of the parties have to get together. >> sean: how do they get together? >> they have to solve the problems, because it's their responsibility. we sent them to washington to solve problems, not to -- >> sean: let me ask you this. one party -- weir 40 cents of every dollar. every time you talk about, for example, fixing medicare, which is going bankrupt, we get an ad, granny's being thrown off the cliff. right? every time republicans say we've got to manage money with the epa, the president will say the republicans want dirty air and water. they don't care about kids with autism and down's syndrome. that's the narrative g
back, and the united states gets our economy back again. as i said earlier, just alone, if you build the infrastructure, it's directly related to our gdp. if we spend 2% of our gdp on infrastructure, it's directly related. it's short-sighted for us not to spend money on infrastructure. sadly the last money meant to be recovery, only $150 billion went to infrastructure, the rest was sprinkled all around. it's very tough. both of the parties have to get together. >> sean: how do they get...
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not the first one which is about the economy this coming week. but you have got one on national security and foreign policy coming up. likely to be a big issue because the president is going to press mitt romney and whether he is pushing for actual u.s. military action. >> ed henry at the white house. thank you. we are learning more about the suspect in the colorado movie theater massacre in aurora. according to newly released court documents. prosecutors say that university of colorado barred james holmes from its campus after he threatened a professor. court officials did not release that person's name but the allegation does conflict with previous statements from university officials who had said they denied holmes access to nonpublic areas because he dropped out of school. other court documents show the defense denies the prosecution's allegations. police say that back in july james holmes killed 12 people and wounded a dozen more during a mid night screening of the latest batman movie. alicia acuna live in our rockie mountain newsroom it's o
not the first one which is about the economy this coming week. but you have got one on national security and foreign policy coming up. likely to be a big issue because the president is going to press mitt romney and whether he is pushing for actual u.s. military action. >> ed henry at the white house. thank you. we are learning more about the suspect in the colorado movie theater massacre in aurora. according to newly released court documents. prosecutors say that university of colorado...
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Oct 3, 2012
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handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the person with the ability and the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a significant m
handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the...
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martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended consequences of dodd-frank. it's killing regional and small banks. martha: is today a new day for that man, mitt romney? that one of the big questions everybody is talking about. here with reaction from the romney cam is artur davis, the co-chair for president obama's 2008 campaign but he is now a supporter of governor romney. >> good morning. you are is a said a romney supporter now. you had one of the prominent speeches at the rnc this year. what did you think of how your man did last night? >> i think had the most decisive begin in deet bait any scd can
martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended...
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Sep 27, 2012
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the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time for new economic patriotism, rooted in the belief that growing our economy begins with a strong and thriving middle class. i won't pretend getting there is easy. >> today we learn that rebuilding will take even longer, after gross domestic product for the second quarter was revised down to an anemic 1.3%. orders on durable goods, items ranging from washington machines to aircrafts, plunged by 13 13.2%. the worst droop since the month the president was sworn in office. alan krueger, chairman of the council of economic advisors brushed it off saying the new data shows how bad t
the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time...
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i think that stall speed for america's economy. less consumer spending, less business investment, in the april through june quarter. i've got another number for you that also confirms a very weak economy. durable goods orders, big-ticket items like cars, trucks machinery, and planes, down 13.2% in the latest period. that's the lowest order book for factories all the way back to twine. so when you add it all up, we're at stall speed. feels like we're going into recession and to a majority of people, it feels like we are in a recession already. very rough numbers today, martha. martha: indeed they are. and as you point out, sort of how people feel about the economy is, i always say a very individual experience, you know. but when you look at these numbers it spell as pretty tough scenario for growth in the united states of america. 1.3 is a paltry number in terms of growth. let's talk a little bit about the unemployment number. every thursday we get the weekly read on that. what is your take on that one? >> we are down. last week 385
i think that stall speed for america's economy. less consumer spending, less business investment, in the april through june quarter. i've got another number for you that also confirms a very weak economy. durable goods orders, big-ticket items like cars, trucks machinery, and planes, down 13.2% in the latest period. that's the lowest order book for factories all the way back to twine. so when you add it all up, we're at stall speed. feels like we're going into recession and to a majority of...
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gregg: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think that had some effect. there is no question that president obama came out of the conventions with a little bit of momentum. you talk, it is not only showing up in the public polling that we're talking about here today but talk to republican pollsters polling on senate and house races and they will talk about what they call the clinton bump. they have seen it across polling in various parts of the country that voters who are asked a question is the country on the right track, is the country on the wrong track, which most pollsters believe the single best determiner ho will win in november, there was a jump in
gregg: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think...
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this is the obama economy. 8.1% unemployment. $6 terrell in new obama debt. 1 in 6 americans currently live in poverty in this country. 46 million americans are in need of food stamps. fewer americans are working today than when the president took office in january of '09. gas prices have soared by over 100% during his tenure. today we learn that the average household income dropped by more than 8% in the less than four years president obama's been in office. what's the president doing about all that? well, he's, of course, campaigning out there all over the country. earlier today he stopped by kent state university in ohio, a place he visited back in 2008. let's take a walk down memory lane and see what he said. >> when bill clinton was president the average family income went up $7500. $7500. since george bush has been president, it's gone down $2,000. think about that. that's a $9500 swing. $9500. that's money out of your pocket. that's money going out of this country because we're borrowing it from china to send to saudi arabia to buy oil. that's what's added $4 trillion to our def
this is the obama economy. 8.1% unemployment. $6 terrell in new obama debt. 1 in 6 americans currently live in poverty in this country. 46 million americans are in need of food stamps. fewer americans are working today than when the president took office in january of '09. gas prices have soared by over 100% during his tenure. today we learn that the average household income dropped by more than 8% in the less than four years president obama's been in office. what's the president doing about...
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romney people says that's because it's all about the economy. every day spent on this is a distraction. they don't understand if you give a speech on foreign affairs you become presidential. that gives you stature. the problem that romney has is the fact that people don't see him as a leader. or sort of endowed stature. when they see you. that was an opportunity that was missed. it remains missed. mystery where romney can't seize the moment on this. >> bret: today, he had a phone call with prime minister netanyahu. romney did. he talked about it after it was over. >> we spoke about the greatest national security threat we faced. the world faces. iran with nuclear capabilities. we spoke about this assessment of where the red line ought to be drawn. my own views with regard to iran. he spoke of red line and gave a date, which was spring and summer of next year. he said he expected an attack by june of this year. they a offering an olive branch to the president. it's recognition on part of israelis that the chances of obama re-election are rising.
romney people says that's because it's all about the economy. every day spent on this is a distraction. they don't understand if you give a speech on foreign affairs you become presidential. that gives you stature. the problem that romney has is the fact that people don't see him as a leader. or sort of endowed stature. when they see you. that was an opportunity that was missed. it remains missed. mystery where romney can't seize the moment on this. >> bret: today, he had a phone call...
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so the president has the edge on the economy. even though this was supposed to be mitt romney's strength. if you would have asked us a year ago, even six months ago the race in ohio is going to come down to the economy. most people would have bet that would be bad for the president. right now it's looking not so bad after all, shep. >> shepard: debates sometimes change people's minds. the first presidential debate a week from today. what do we know about how the president is preparing? >> well, we are learning some new information. the president on sunday is going to go to nevada for a couple of nights. and is he going to do some debate prep. john kerry we already knew would be the person who is going to stand in as mitt romney in the mock sessions we are told. they have already had a few of those sessions in washington. now they will be taking it no nevada because it's close to colorado. battleground state. they are trying to lower expectations in the white house by saying look the president hasn't debated since john mccain four
so the president has the edge on the economy. even though this was supposed to be mitt romney's strength. if you would have asked us a year ago, even six months ago the race in ohio is going to come down to the economy. most people would have bet that would be bad for the president. right now it's looking not so bad after all, shep. >> shepard: debates sometimes change people's minds. the first presidential debate a week from today. what do we know about how the president is preparing?...
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we have got to get this economy going again. megyn: carl cameron joins us live from toledo where governor romney will hold his final event of the day. >> reporter: mitt romney said it and there is a big billboard they will be trotting out. we can't afford four more years and that's the even caps laiftion what romney wants to talk about in the final six weeks of this campaign. there is a reemphasis on jobs and the economy. the core of his campaign, the reason he ran to fix the failed obama economy. he's talking about shared sacrifice, not everybody is going to get a tax cut. it's time for serious leadership to deal with the nation's budget crisis. >> don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. but by bringing rates down we'll be able to let small businesses keep more of their money so they can hire more people. my priorities is jobs and i'll make it happen. >> reporter: bigger crowds and raucous rhetoric from romney. romney has a new ad out in which he speaks directly to camer
we have got to get this economy going again. megyn: carl cameron joins us live from toledo where governor romney will hold his final event of the day. >> reporter: mitt romney said it and there is a big billboard they will be trotting out. we can't afford four more years and that's the even caps laiftion what romney wants to talk about in the final six weeks of this campaign. there is a reemphasis on jobs and the economy. the core of his campaign, the reason he ran to fix the failed obama...
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forge ago more secure future for water flies critical to both our economy and the national environment. >> the reservoir projects are trying to take the last legally allowed drop of water out of the rivers. we're saying no, stop now. >> now, walkner says what western states need to do is think about conservation, recycling and growth management. but supporters of new reservoirs say while that sounds nice, it's really not realistic when you think about the amount of growth this part of the country is expected to go through and is going through now, bill. >> bill: back to this letter. has the governor heard back from the president regarding that letter? >> we reached out to the governor's office today about that specific letter and we were told that they might not get back to us for a while because of the debate going on today. but i can tell that you recently in a drought conference, the governor did bring up the fact that we could be looking at eight, ten to 20 million people in the future in this state alone and ultimately we could be looking at a capacity problem in what the water st
forge ago more secure future for water flies critical to both our economy and the national environment. >> the reservoir projects are trying to take the last legally allowed drop of water out of the rivers. we're saying no, stop now. >> now, walkner says what western states need to do is think about conservation, recycling and growth management. but supporters of new reservoirs say while that sounds nice, it's really not realistic when you think about the amount of growth this part...
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i'm going to rebalance our economy, make it a fairer situation. and then promise health care and immigration reform. he could say whatever he wants and senator mccain sits there and g that's impossible, but i can't prove it. now we have four years to look at and say, what did you do? why did do you it? defend what you've done. that makes it a lot easier for governor romney n my mind, than senator mccain. no more theories. now we've resume. >> steve: that's right. and in fact, the romney camp has kinds of changed their strategy over the last couple of days publicly and now they're going to make it a choice. so many people know that the economics of our situation right now are horrible and if you look at history, there is no reason this president would be reelected given the past, if it's prologged, given the fact that unemployment is above 8% and gas prices close not closinn on 4 bucks. mr. romney presenting a choice, four more years of this, or the american people will get to determine what kind of america they want to live in. a mitt romney ameri
i'm going to rebalance our economy, make it a fairer situation. and then promise health care and immigration reform. he could say whatever he wants and senator mccain sits there and g that's impossible, but i can't prove it. now we have four years to look at and say, what did you do? why did do you it? defend what you've done. that makes it a lot easier for governor romney n my mind, than senator mccain. no more theories. now we've resume. >> steve: that's right. and in fact, the romney...
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economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists kind of took advantage of the situation, throwing gasoline bombs at police. they used a general strike and march as a vehicle to just rage against authority. over 50,000 people came out. they are processing the further cuts that are coming their way . many in greece are generally desperate now having seen their salaries drop by more than 20% already since austerity became a way of life in greece. social safety networks are not able to save people. one person at the demonstration was quoted as saying, we are bleeding, we can't ta
economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists...
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that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more adepressive president? >> well, i know he's look very much forward to the debate on the 16th and i'll leave it to the theater critics to decide whether -- how his performance rates on that day. but i know this, he will come, he will make an honest argument with the american people about how he rebuilds the economy and middle class and hold governor romney to account for these big gaffes in the truth that we saw last night. >> gretchen: he didn't really answer the question about whether or not the president would be more aggressive. he went in a different interview to sa
that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more...
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martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what has been talked about so much, the fiscal cliff that will kick in when we get into 2013, when the bush tax cuts expire and we've got 600 billion in spending cuts waiting around the corner. bob woodward talked about this. he talked about the efforts to avoid the fist alcliff and basically said that his reporting reveals that they have hit a wall because the president has a failure to community with lawmakers according to bob woodward, here is what he said. >> most of the most astonishing things is he doesn't have that relations
martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what...
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ >> brian: news by the numbers. 8%. that's how much the median household income has dropped since president obama took office. 6% of that came after the so-called recovery began in 2009. this according to the sentier research. 19%. that's how many american householes are currently paying off student debt amid increasing college enrollment. and my soccer number, but that doesn't apply here. it's the highest number in student debt we've seen in more than two decades. finally, a million bucks. that's how much these occupiers w
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150...
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i know what it takes to get this economy going again. i care about the people of america and the difference between me and president obama, is i know what to do and i will do what it takes to get this economy going. [applause] martha: on the campaign trail that was governor mitt romney in the buckeye state where he is expected to be spending a quite a bit of time over next couple of weeks. his campaign insists they're confident about victory in ohio, which of course is probably the most important swing state, despite recent polls show president obama is in the lead there and this is a quote from the romney campaign. there is just a nice, wide, open path. so i'm not, we're not in a situation where we're forced into this boxed canyon to say, we have to win this string of states. but at the end of the day ohio of course will come down to the wire they say. so, let's take a look at average polls, recent polls that come out of ohio where president obama actually leads governor romney by 5%. there are numbers that are much wider margin than th
i know what it takes to get this economy going again. i care about the people of america and the difference between me and president obama, is i know what to do and i will do what it takes to get this economy going. [applause] martha: on the campaign trail that was governor mitt romney in the buckeye state where he is expected to be spending a quite a bit of time over next couple of weeks. his campaign insists they're confident about victory in ohio, which of course is probably the most...
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has to be shared sacrifice to do the things necessary to get the budget in order and then spur the economy and start job creation. >>shepard: enormous challenges ahead. thank you. >> cyber attackers are hitting more american banks. wells fargo was a target this time. is a foreign government behind the attacks in is your money safe? we will get into the details on those fronts. new violence in europe's economic crisis. more open latest rounds of riots across europe. the situation is pretty dire. the scene is not pretty. we will get to that next. copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. [ male announcer ] fedex office. romney: "it's time to stand up to the cheaters" vo: tough on
has to be shared sacrifice to do the things necessary to get the budget in order and then spur the economy and start job creation. >>shepard: enormous challenges ahead. thank you. >> cyber attackers are hitting more american banks. wells fargo was a target this time. is a foreign government behind the attacks in is your money safe? we will get into the details on those fronts. new violence in europe's economic crisis. more open latest rounds of riots across europe. the situation is...
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is it the economy or is it the economy? up next, our political panel breaks down the top three issues in tonight's' debate and their answers may surprise you. pick your favorite and write us does your phone give you all day battery life ? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like the droid razr. "ever ask somebody to lend you a foot?" "who thinks about stuff like that?" "vince mahe grew up on two continents... and noticed that wherever you go, people have their hands full, but their feet free." "the result? a liftgate you operate with your foot." "code name?" "open sesame" "the all new twenty thirteen ford escape. it's what happens when you go further." >> steve: president obama and mitt romney tonight face off in the first of three presidential debates. the overlying foc
is it the economy or is it the economy? up next, our political panel breaks down the top three issues in tonight's' debate and their answers may surprise you. pick your favorite and write us does your phone give you all day battery life ? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off...
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the economy is huge here. you mentioned the foreclosure rate which translates into how people are having jobs. the unemployment rate here is about 8.2%. it's stayed that way for the past, you know, several months or so, not really going anywhere to high or low from that. srolz voters you mentioned a huge number of unaffiliated voters and they'll be watching tonight and whether or not they can be persuaded by either mr. obama or mr. romney. but they are very interested in this debate and i think a lot of people here in colorado will say, have your debate tonight, we'll make up our decision and then kind of leave us alone if you will. gregg: the university of colorado does something interesting every four years, they put together an economic model based on electoral stats and economic model state-by-state economic analysis. there it is on the screen. they predict mitt romney essentially in a blowout, 320 electoral votes to just 218 for president obama, i understand they going to update that now with more additio
the economy is huge here. you mentioned the foreclosure rate which translates into how people are having jobs. the unemployment rate here is about 8.2%. it's stayed that way for the past, you know, several months or so, not really going anywhere to high or low from that. srolz voters you mentioned a huge number of unaffiliated voters and they'll be watching tonight and whether or not they can be persuaded by either mr. obama or mr. romney. but they are very interested in this debate and i think...
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and the iranian economy has been hit hard. it's had an effect on the economy. but when must face the truth. sanctions have not stopped iran's nuclear program either. according to the international atomic energy agency, during the last year alone, iran has doubled the number of centrifuges in its underground nuclear facility. so at this late hour, there is only one way to peacefully prevent iran from getting atomic bombs. and that's by placing a clear red line on iran's nuclear weapons program. [applause] red lines don't lead to war, red lines prevent war. let's look at nato's charter. it made clear that an attack on one member country would be considered an attack on all. and nato's red line helped keep the peace in europe for nearly half a century. president kennedy set a red line during the cuban missile crisis. that red line prevented war and helped preserve the peace for decades. in fact it's the failure to place red lines that's often invited aggression. if the western powers had drawn clear red lines during the 1930s, i believe they would have stopped naz
and the iranian economy has been hit hard. it's had an effect on the economy. but when must face the truth. sanctions have not stopped iran's nuclear program either. according to the international atomic energy agency, during the last year alone, iran has doubled the number of centrifuges in its underground nuclear facility. so at this late hour, there is only one way to peacefully prevent iran from getting atomic bombs. and that's by placing a clear red line on iran's nuclear weapons program....